Etracs Ifed Invest Etf Performance
| IFED Etf | USD 42.56 0.46 1.07% |
The etf shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, ETRACS IFED's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS IFED is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ETRACS IFED Invest are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, ETRACS IFED may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.56 |
ETRACS |
ETRACS IFED Relative Risk vs. Return Landscape
If you would invest 3,805 in ETRACS IFED Invest on August 30, 2024 and sell it today you would earn a total of 451.00 from holding ETRACS IFED Invest or generate 11.85% return on investment over 90 days. ETRACS IFED Invest is currently generating 0.1822% in daily expected returns and assumes 0.9286% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than ETRACS, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ETRACS IFED Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS IFED's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETRACS IFED Invest, and traders can use it to determine the average amount a ETRACS IFED's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1962
| Best Portfolio | Best Equity | |||
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| Small Returns | IFED | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average ETRACS IFED is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ETRACS IFED by adding it to a well-diversified portfolio.
ETRACS IFED Fundamentals Growth
ETRACS Etf prices reflect investors' perceptions of the future prospects and financial health of ETRACS IFED, and ETRACS IFED fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ETRACS Etf performance.
About ETRACS IFED Performance
By analyzing ETRACS IFED's fundamental ratios, stakeholders can gain valuable insights into ETRACS IFED's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETRACS IFED has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ETRACS IFED has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.